Tag: $3M Co.

Materials giant 3M  has been beset by legal problems for years. Wall Street hasn’t wanted to touch the stock. But with settlements announced, the tide has started to turn for analysts

3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the US military defective combat earplugs, people familiar with the deal said.

July 25 (Reuters) – U.S. industrial conglomerate 3M Co (MMM.N) on Tuesday raised its full-year profit forecast, benefiting from higher prices and cost-cut measures including significant layoffs.

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Chemical manufacturer 3M Co. will pay at least $10.3 billion to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds used in firefighting foam and a host of consumer products, the chemical manufacturer said Thursday.